JACOBSON KENNETH A 4

What Happened

• Kenneth A. Jacobson, Chief Financial Officer of Avnet, reported the sale of 12,000 shares of Avnet common stock on May 22, 2026. The shares were sold in open-market/private transactions at an average price of $85.26 per share for total proceeds of $1,023,120. This was a sale (S) and not a purchase; such sales are often routine liquidity events rather than a direct signal of company prospects.

Key Details

• Transaction date: May 22, 2026 (reported on Form 4 filed May 26, 2026).
• Price: average $85.26; individual sale prices ranged from $85.24 to $85.38 (per footnote).
• Shares sold: 12,000; proceeds: $1,023,120.
• Holdings after transaction: filing notes remaining holdings include 28,069 restricted shares (unvested) and 2,087 performance shares (unvested) (per footnote).
• Filing timeliness: Form 4 was filed on May 26, 2026, within the SEC two-business-day window (the May 25 holiday reduced business days).
• Footnotes: F1 notes the reported price is an average across multiple transactions and full per-trade detail is available on request; F2 clarifies part of reported ownership consists of unvested restricted and performance shares.

Context

• This report documents a straightforward sale by a company executive. Sales can be for routine personal or tax-planning reasons and do not by themselves indicate a change in company fundamentals. Investors should consider this alongside other insider activity and company news before drawing conclusions.